5N Plus posts $2.5m net loss in Q4, higher earnings in 2014

Minor metals supplier 5N Plus posted a net loss in the fourth quarter of 2014, as price volatility driven by developments on the Fanya metal exchange muted demand.

The company’s net loss for the final quarter was $2.5 million, compared to net earnings of $1.6 million in the same period of 2013.
“We experienced […] a relatively soft fourth quarter with demand being negatively impacted by significant underlying commodity price volatility,” Jacques L’Ecuyer, president and ceo of 5N Plus, said in a statement.

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Published

Carol Lu

Chloe Smith

February 25, 2015

10:23 GMT

Shanghai, London